US Dollar Index rises after strong US CPI data supports a tough Fed stance
The U.S. Dollar Index (DXY), which measures the dollar’s strength against a group of six major currencies, climbed to a five-day peak on Tuesday following stronger-than-anticipated inflation data from the U.S. This data seemed to reinforce the Federal Reserve’s hawkish stance. At that moment, DXY was trading around 98.38, reflecting an approximate 0.45% increase for […]
Republicans have reached a consensus on an important bill to prevent Big Tech from collecting your data.
Internet companies have been enthusiastically gathering user data for years, eager to sell it to third-party brokers, utilize it for targeted advertisements, or even use it to enhance AI models. This extensive data collection has persisted for a long time, often without any stringent legal measures in place to hold companies accountable. Recently, however, House […]
Japanese Yen weakens before US inflation data
USD/JPY Developments Amid Geopolitical Tensions In the early European trading on Tuesday, the USD/JPY currency pair saw an increase, reaching around 157.55. Renewed geopolitical tensions in the Middle East have led to a rise in the value of the US dollar against the Japanese yen. Market participants are keenly awaiting the release of the US […]
Japanese Yen falls against USD as disappointing Household Spending data offsets Bank of Japan’s tough stance
The USD/JPY currency pair saw a bit of buying interest for two consecutive days, reaching a four-day high in response to Japan’s less-than-ideal household spending figures that came out on Tuesday. However, the momentum doesn’t feel particularly strong; prices are hovering just under the mid-157.00s, reflecting a modest increase of 0.15% today. According to Japan’s […]
Doug Burgum: International ‘Dark Money’ Supporting False Information About Data Centers
On Monday, Doug Burgum, the Secretary of the Interior and Chairman of the National Energy Control Council, participated in a policy discussion titled “Leveraging America’s Power,” hosted by Breitbart News. During this event, he expressed a strong belief in America’s technological leadership, but also shared concerns about obstacles to establishing AI data centers. Burgum remarked, […]
Forex Today: US Dollar stabilizes before important US CPI data while markets watch Iran tensions
Here’s what you need to know on Tuesday, May 12th. The US dollar index (DXY) is stable around 97.95, as investors exercise caution due to ongoing geopolitical tensions in the Middle East and despite some improvements in market sentiment. This reaction came after President Trump dismissed Iran’s latest peace initiative as “totally unacceptable.” Now, traders […]
Georgians angered as data center uses 30 million gallons of water during drought, report says
Residents in a Georgia suburb are understandably upset after discovering that a large data center consumed 30 million gallons of water without paying for it, which has caused water pressure issues during an ongoing drought. People living in Fayetteville’s Annelily’s Park, a community of around 20,000, reported notably low water pressure last year, according to […]
A Year Later: Insights from the Pay Later Data
In April 2025, the Buy Now, Pay Later (BNPL) approach seemed poised to take over consumer finance. This method was already a notable segment of the market, attracting numerous entries, especially from providers aimed at younger, digitally-savvy individuals. Many believed BNPL’s growth was inevitable. However, the expected surge didn’t materialize. Traditional credit card companies began […]
Identity theft losses reach $27.3 billion as threats from data breaches persist
Identity fraud is becoming increasingly prevalent in the United States, though the timelines and causes behind the incidents are often inconsistent. According to the 2026 Identity Fraud Study by Javelin Strategy & Research, consumers faced losses of $27.3 billion due to traditional identity fraud in 2025. In 2024, there was a notable 19% increase, with […]
Why opting out of data brokers doesn’t completely shield retirees from scams
Have you ever tried to remove your personal details from a data broker site? Maybe you did a quick search of your name online, saw some unsettling information, and ended up spending hours filling out opt-out forms on sites like Spokeo or Whitepages. It’s quite a task, but it’s not entirely fruitless. Still, your information […]